Indonesians Most Satisfied with Grab, Shopee: Survey

When brand use and brand satisfaction are combined, Shopee emerges as the strongest among ecommerce players in the country.

#CORPORATE NEWS

Indonesia Is Unlikely to Escape Recession: Finance Minister

The Finance Ministry has cut Indonesia's economic growth projection for this year to between -1.7 percent and -0.6 percent.

SEPTEMBER 23 #ECONOMY

'Palm Oil Free' Ads Irk Gov't, Association

Both the government and producers fear the label will cast a negative light on palm oil.

SEPTEMBER 17 #COMMODITY

S.E. Asia Conglomerates Outperformed by Pure Plays for First Time: Report

However, some conglomerates in the top quartile still managed to achieve 26 percent annual TSR from 2010-2018.

SEPTEMBER 16 #CORPORATE NEWS

Daihatsu Shows How Restrictions Hit National Auto Sales Badly

With the Jakarta governor announcing reimposition of the PSBB, anxiety returns to the Japanese compact car producer.

SEPTEMBER 12 #CORPORATE NEWS

Health Takes Precedence Over Economy: Jokowi

The President's comment marks a shifting focus in the administration after attempts to reopening the economy lead to more calamities.

SEPTEMBER 08 #ECONOMY

South Korean Kookmin Completes Takeover of Historic Indonesian Bank

KB Kookmin Bank has closed a private placement deal for majority shares in Bank Bukopin.

SEPTEMBER 05 #CORPORATE NEWS

VISION

This Bekasi Hotel Provides All 90 Rooms for Asymptomatic Covid-19 Patients

The government has been teaming with hotel operators across Greater Jakarta to provide isolation facilities for Covid-19 patients.

#EYEWITNESS

This Bekasi Hotel Provides All 90 Rooms for Asymptomatic Covid-19 Patients

The government has been teaming with hotel operators across Greater Jakarta to provide isolation facilities for Covid-19 patients.

September 24 #EYEWITNESS

PasarPolis Raises $54m to Support Further Expansion in Southeast Asia

Xiaomi, SBI Investments, Intudo Ventures, Alpha JWC, and existing investors also involved in the latest funding round.

SEPTEMBER 03 #CORPORATE NEWS

OJK Wants to Retain Oversight Role of Indonesian Banks

The House legislation body is drafting a law to reappoint Bank Indonesia as the sole oversight body of banks by 2023.

SEPTEMBER 02 #ECONOMY

Eastspring's Mutual Funds Now Available at Maybank Indonesia

Eastspring Investments Indonesia has signed into a strategic partnership with Bank Maybank Indonesia.

SEPTEMBER 01 #CORPORATE UPDATES

Garuda Resumes Flight to China on 70th Anniversary of Bilateral Ties

President Jokowi made a phone call with his Chinese counterpart Xi Jinping to congratulate him for the seven decades of friendly ties.

SEPTEMBER 01 #TRANSPORTATION

Indonesia Has a Month Left to Prevent Recession

If the third quarter results in a contraction cycle, the economy will fall into recession.

SEPTEMBER 01 #ECONOMY

The House Mulls Fundamental Changes on How Bank Indonesia Operates

A new bill will expand Bank Indonesia's mandate to support economic growth and employment and return banking supervision to the central bank

SEPTEMBER 01 #ECONOMY

Japfa Comfeed Gains After Unveiling $83m Plan to Acquire Chicken Nugget Maker

The company will buy chicken nuggets maker So Good Food to strengthen its processed food division.

AUGUST 31 #CORPORATE NEWS

Indonesia Imposes Safeguard Duty on Indian, Vietnamese Ceramic Tiles Imports

Indonesia will reimpose a safeguard duty on ceramic tiles shipped from India and Vietnam next Tuesday to protect local producers.

AUGUST 28 #TRADE

Jokowi Inaugurates First Toll Road in Aceh

The Aceh toll road is part of the massive, 2,765-km TransSumatera toll road project.

AUGUST 25 #ECONOMY

Gov't Starts $4.5b Cash Transfers for Workers, Small Business Owners Ahead of Schedule

The Finance Ministry has begun to transfer $4.5 billion of cash to 15 million workers and 12 million small business owners on Monday

AUGUST 24 #ECONOMY

Bakrie's Media Company Appoints Former Minister to Lead Turnaround

Former Tourism Minister Arief Yahya has taken a new post as the president director at Intermedia Capital

AUGUST 21 #CORPORATE NEWS

Indonesia Reports Narrowest Current Account Deficit in 3 Years

The deficit narrows in the second quarter as imports weakens amid restrictions to curb Covid-19 pandemic.

AUGUST 18 #ECONOMY

Indonesia Issues Its First Ever Rp 75,000 Banknote

The special edition bill is issued to commemorate 75th anniversary of independence.

AUGUST 17 #ECONOMY